
China's Rise Is Altering Global Power Relations, Reshaping Economic Debates, And Commanding Tremendous Public Attention. Despite Extensive Media And Academic Scrutiny, The Conventional Wisdom About China's Economy Is Often Wrong. Cracking The China Conundrum Provides A Holistic And Contrarian View Of China's Major Economic, Political, And Foreign Policy Issues. Yukon Huang Trenchantly Addresses Widely Accepted Yet Misguided Views In The Analysis Of China's Economy. He Examines Arguments About The Causes And Effects Of China's Possible Debt And Property Market Bubbles, Trade And Investment Relations With The Western World, The Links Between Corruption And Political Liberalization In A Growing Economy And Beijing's More Assertive Foreign Policies. Huang Explains That Such Misconceptions Arise In Part Because China's Economic System Is Unprecedented In Many Ways-namely Because It's Driven By Both The Market And State- Which Complicates The Task Of Designing Accurate And Adaptable Analysis And Research. Further, China's Size, Regional Diversity, And Uniquely Decentralized Administrative System Poses Difficulties For Making Generalizations And Comparisons From Micro To Macro Levels When Trying To Interpret China's Economic State Accurately. This Book Not Only Interprets The Ideologies That Experts Continue Building Misguided Theories Upon, But Also Examines The Contributing Factors To This Puzzle. Cracking The China Conundrum Provides An Enlightening And Corrective Viewpoint On Several Major Economic And Political Foreign Policy Concerns Currently Shaping China's Economic Environment.
This book investigates why conventional economic wisdom regarding China's development and global influence is frequently inaccurate. Yukon Huang, a former World Bank official with extensive experience in China, utilizes his deep institutional knowledge to challenge prevailing narratives. He argues that China's unique hybrid system—a blend of market forces and state control—renders traditional Western economic models insufficient for accurate analysis.
What You Will Find
Scope Limits
Experts and policy analysts frequently cite this work as a necessary corrective to Western-centric economic assumptions. Readers often note the author's ability to synthesize complex administrative data into a coherent critique of standard academic frameworks.
Page Count:
0
Publication Date:
1900-01-01
Publisher:
Oxford University Press,
ISBN-10:
019063006X
ISBN-13:
9780190630065
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